Moxie Mike
Full House
The purpose of this thread is more of a general discussion of the concept of pushing small edges in fixed limit games, not necessarily a dissection of the hand I'm about to describe. That part is more just to kick off the conversation.
$4-$8 limit O8 at a local casino. Full table - all relevant stacks are large enough to cap every street. Skill wise all players in the hand fall into the 'competent enough to read their hands and bet/call accordingly' category; only Villian One (V1) is notably more analytical than the other opponents. Personality wise, everyone at the table is pretty cool and friendly, except for the button, who is a little arrogant and tends to get irritated when players don't play hands the way he thinks they should have, especially when it causes him the inconvenience of putting in additional bets to chase his draws.
Preflop: After one limper, V1 raises to 8. Hero calls in position with . Button cold calls two bets, as does the SB and the EP limper. Pot: 10 small bets.
5 handed we take a flop of:
UTG opens, V1 raises and I 3-bet. All 5 players call. Pot: 30 small bets.
Turn:
V1 opens, I raise. Button is becoming visibly annoyed with me. V1 3-bets and I cap. Every player calls. Pot: 35 big bets.
Button becomes more agitated with each raise I put in. I'm convinced he is holding X , and while it's disappointing to know my club draw is no good, I find it oddly delightful to be holding 3 blockers to his flush.
River
V1 opens, I raise. Button cold calls reluctantly, SB folds, EP limper calls, V1 3-bets and I cap. Button tanks for a few seconds and then folds, EP limper calls. V1, as he's flinging the final 8 chips into the pot laments... 'well worst case scenario I'm getting quartered'.
Shit. This was the exact same thing that was running through my head too at that moment. Pot: 49 big bets= $392.
So why jam every street, especially the river?
1) I've got the nut low with the club flush draw. Plus I've got the nut low partially blocked, so the odds of running into more than 1 other nut low are rather remote. It's also possible I have the only nut low and everyone is chasing straight and flush draws.
2) We know that at least 2 players are chasing high-hands and one of them is drawing to nut-clubs to which we hold 3 blockers.
3) Getting drawing hands to put in as much money as possible before eventually folding is where much of the profit comes from in split pot games and makes getting quartered much more palatable - and in this case would have shown a slight profit. Yes, I said 'would have'.
Where I'm going with all of this is the concept of pushing small edges in split pot games, especially when the edge is marginal. For example, while making your opponents put in extra money with inferior hands is proper, it often feels like we're just building a pot for someone else. A quick example of this is in the same O8 game, 4-handed I held AKQ9 in position on an board. After the turn card the action checked to me, so I bet. Seems appropriate to bet here since I've got top two and no reason to believe I was behind despite the fact that virtually every river will complete one draw or another. In this case, the hit the river and all of a sudden I'm facing 2 bets and forced to release the hand.
Is there any merit to the idea that small edges should be passed when being outdrawn for at least 1/2 the pot is a strong possibility?
$4-$8 limit O8 at a local casino. Full table - all relevant stacks are large enough to cap every street. Skill wise all players in the hand fall into the 'competent enough to read their hands and bet/call accordingly' category; only Villian One (V1) is notably more analytical than the other opponents. Personality wise, everyone at the table is pretty cool and friendly, except for the button, who is a little arrogant and tends to get irritated when players don't play hands the way he thinks they should have, especially when it causes him the inconvenience of putting in additional bets to chase his draws.
Preflop: After one limper, V1 raises to 8. Hero calls in position with . Button cold calls two bets, as does the SB and the EP limper. Pot: 10 small bets.
5 handed we take a flop of:
UTG opens, V1 raises and I 3-bet. All 5 players call. Pot: 30 small bets.
Turn:
V1 opens, I raise. Button is becoming visibly annoyed with me. V1 3-bets and I cap. Every player calls. Pot: 35 big bets.
Button becomes more agitated with each raise I put in. I'm convinced he is holding X , and while it's disappointing to know my club draw is no good, I find it oddly delightful to be holding 3 blockers to his flush.
River
V1 opens, I raise. Button cold calls reluctantly, SB folds, EP limper calls, V1 3-bets and I cap. Button tanks for a few seconds and then folds, EP limper calls. V1, as he's flinging the final 8 chips into the pot laments... 'well worst case scenario I'm getting quartered'.
Shit. This was the exact same thing that was running through my head too at that moment. Pot: 49 big bets= $392.
So why jam every street, especially the river?
1) I've got the nut low with the club flush draw. Plus I've got the nut low partially blocked, so the odds of running into more than 1 other nut low are rather remote. It's also possible I have the only nut low and everyone is chasing straight and flush draws.
2) We know that at least 2 players are chasing high-hands and one of them is drawing to nut-clubs to which we hold 3 blockers.
3) Getting drawing hands to put in as much money as possible before eventually folding is where much of the profit comes from in split pot games and makes getting quartered much more palatable - and in this case would have shown a slight profit. Yes, I said 'would have'.
EP shows down XX for nut low and no pairs.
V1 shows down - yes he had blockers to the nut low too(!) and wins the hi with his pair of 3s(!).
Hero gets sixthed and shows a $19 loss on the hand.
In retrospect, jamming 4 bets in on the river was pointless, other than the childish satisfaction that comes from knowing I moved the button off the best high hand and earning a table image as a maniac. Inevitably a discussion ensued, where the button indignantly said to me at some point 'your clubs were no good', his already furrowed brow morphing into an outright scowl mid-sentence.
'I figured they weren't', I replied to him with a grin.
V1 shows down - yes he had blockers to the nut low too(!) and wins the hi with his pair of 3s(!).
Hero gets sixthed and shows a $19 loss on the hand.
In retrospect, jamming 4 bets in on the river was pointless, other than the childish satisfaction that comes from knowing I moved the button off the best high hand and earning a table image as a maniac. Inevitably a discussion ensued, where the button indignantly said to me at some point 'your clubs were no good', his already furrowed brow morphing into an outright scowl mid-sentence.
'I figured they weren't', I replied to him with a grin.
Where I'm going with all of this is the concept of pushing small edges in split pot games, especially when the edge is marginal. For example, while making your opponents put in extra money with inferior hands is proper, it often feels like we're just building a pot for someone else. A quick example of this is in the same O8 game, 4-handed I held AKQ9 in position on an board. After the turn card the action checked to me, so I bet. Seems appropriate to bet here since I've got top two and no reason to believe I was behind despite the fact that virtually every river will complete one draw or another. In this case, the hit the river and all of a sudden I'm facing 2 bets and forced to release the hand.
Is there any merit to the idea that small edges should be passed when being outdrawn for at least 1/2 the pot is a strong possibility?